Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In December 2019, the following information was true for Spain: GDP = 325 billion euros Consumption = 179 billion euros Government spending = 65 billion
In December 2019, the following information was true for Spain:
- GDP = 325 billion euros
- Consumption = 179 billion euros
- Government spending = 65 billion euros
- Exports = 108 billion euros
- Imports = 101 billion exports
What was the value of net capital inflow?(Your answer should be in the formXbillion euros.Enter the number you obtain forX.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started